SALT LAKE CITY — Questar Corp.’s board of directors has announced Chairman Ronald W. Jibson intends to retire upon the completion of the company’s merger with Dominion.
Jibson also serves as president and chief executive officer of the Salt Lake City-based energy company, which announced on Feb. 1 it is combining with Virginia-based Dominion. Subject to shareholder and regulatory approvals, the transaction is expected to be completed this year.
Jibson will retire as Questar’s chairman after serving since July 2012. He has been Questar’s president and CEO since July 2010. Prior to that, Jibson was an executive vice president of the corporation and president of its utility subsidiary, Questar Gas Co., which serves about 1 million customers in Utah, southern Idaho and southwestern Wyoming.
Jibson has held several Questar executive and management positions since starting with the company as a design engineer in 1980.
“It’s been the opportunity of a lifetime to help lead Questar over the past several years,” Jibson said in a statement. “I’m proud to have worked with employees who have so successfully operated one of the nation’s most respected energy companies. The fact that another top-tier company sees the benefits of combining forces is evidence of their hard work. I look forward to helping complete our combination with Dominion, and I’m confident it will be great for our customers, employees, shareholders and the communities we serve.”